Real Estate Investing in Falconer, New York (14733)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 14733 (Falconer, NY)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 13.8% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Falconer, NY (14733)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 14733 Falconer
This part of Chautauqua County is not an easy win. The 14733 ZIP reflects softness in key indicators, and the playbook that works in cleaner markets often stalls here.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $139K asset, 14733 is the wrong submarket. If the plan prices in friction, the yield can still work.
ZIP 14733's metrics run below Chautauqua County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The demographic picture in 14733 includes headwinds that any investor should price in. Income distribution skews lower than Falconer averages, and tenant stability requires active management.
Experienced landlords with local relationships tend to find 14733 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Falconer:
Property Strategy for 14733
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $110,758 | $970 | 6.3% | +9.3% | $55,379 |
| 3BR | $133,992 | $1,280 | 6.9% | +9.3% | $44,664 |
| 4BR | $154,457 | $1,290 | 6.0% | +9.0% | $38,614 |
Market Trends
Home Value History (with trend line)
📊 How Does 14733 Compare?
| Metric | 14733 | Falconer | Jamestown-Dunkirk-Fredonia, NY | New York |
|---|---|---|---|---|
| Home Value | $138,649 | $138,649 | N/A | $505,608 |
| 5-Year CAGR | 7.8% | 7.8% | N/A | 6.6% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 4.9% | 4.9% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 14733 (Falconer, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $138,649 |
| Monthly Rent | $873 |
| Price-to-Rent | 13.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.6% |
| Cap Rate | 4.9% |
| 5-Year IRR | 12.7% |
📈 Home Appreciation
| 1-Year | +5.8% ▲ |
| 3-Year CAGR | +7.9% ▲ |
| 5-Year CAGR | +7.8% ▲ |
| 10-Year CAGR | +7.7% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.9%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 14733
Population: 3,201
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 14733
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 657 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the best play in Falconer, NY?
In Falconer, NY the significant play is typically careful cash-flow rentals with hands-on management. The combination of $139K prices and $873/mo rents suits that approach.
What kind of tenants rent in Falconer, NY?
Working renters make up the core of the Falconer, NY tenant base. The pool is reasonable for investors targeting long-term holds.
Are eviction rules reasonable in Falconer, NY?
NY ranks as a tenant-protective state for landlord-tenant law. Falconer generally follows the statewide framework, so landlords face reasonable operating rules.
How does Falconer, NY stack up for property investment?
Investors tracking Falconer, NY will find a 3.0/5 rating supported by $139K median home values and $873/mo rents. That profile suits long-term holders targeting steady returns.
How much rent can I charge in Falconer, NY?
Rent in Falconer, NY is around $873/mo. The resulting rent-to-value relationship with $139K pricing is reasonable for most investor models.
You know 14733 now. You don’t know where it ranks.
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How 14733 ranks in Jamestown-Dunkirk-Fredonia, NY
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